Argentina has extended the term of protection on sound recordings from 50 to 70 years.

The move, which will benefit labels and performers, was announced at the "Tango National Day" celebrations in Buenos Aires when the modification to Article 5 of the Intellectual Property Act was promulgated.

Term extension has been welcomed by the music industry in Argentina and internationally. It was supported by the Argentine Performers Association (AADI) and the Argentine Music Industry Chamber (CAPIF). Both groups said the legislation would better protect local performers and producers and bring the country closer into line with emerging international trends in this area.

"I would like to thank all those who supported this new law which will benefit the music community in Argentina," tango master Leopoldo Federico, president of AADI, said in a statement. "It will improve incentives to invest in future recordings and also helps older performers who had faced losing their rights just when they need them the most."

Javier Delupí, CAPIF's executive director, added: "This new law is good news for Argentine culture. It promotes the creation of new music and safeguards the rights of performers and producers both here and abroad."

John Kennedy, chairman and chief executive of IFPI, also welcomed the legislation. "I am delighted that Argentina has strengthened the rights of performers and producers by extending the term of protection," he said in a statement. "Argentina has a strong musical heritage and this reform means that producers will have a greater incentive to invest in the next generation of local talent."